AP/HuffPost : The unemployment rate fell to 7.7 percent, the lowest since December 2008. Hiring remained steady during the storm and in the face of looming tax increases - Labor Department's report on Friday - Stocks jumped after announcement !

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Excerpts :

"The increase suggests employers are not yet delaying hiring decisions because of the "fiscal cliff." That's the combination of sharp tax increases and spending cuts that are set to take effect next year without a budget deal."

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"Stock futures jumped after the report. Dow Jones industrial average futures were down 20 points in the minutes before the report came out at 8:30 a.m., and just after were up 70 points."

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"The U.S. grew at a solid 2.7 percent annual rate in the July-September quarter."

Huffington Post
Associated Press
November Jobs Report: U.S. Economy Adds 146,000 Jobs As Unemployment Rate Drops
December 7, 2012

November Jobs Report: U.S. Economy Adds 146,000 Jobs As Unemployment Rate Drops

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